In this month’s column with Pascal Curran, financial advisor and founder of advicefirst.ie, looks at why pensions should be a young person’s game. Are You Too Young for A Pension?! Before you continue reading, know that the answer – is very likely, no! Ask anyone you know, friends or family in their 50’s and they will say “If only I started saving when I was young.” And so, as a young learner, it’s key to learn from their hindsight. So, should young people worry about pensions?The short answer is – No.Instead of worrying (we’re not a fan!) which solves nothing and causes bad health anyway, they should plan. Pensions are mostly thought of as a savings plan for older people but in reality, this should be jump started earlier in life to ensure simplicity for when you are older. However, because so much of the language that is used to describe and explain pensions is confusing this turns-off the very people that really do need to learn about pensions, how they work – and how they can offer real benefits. Why they matterPensions really do matter to each of us. This is more so because of a raft of changes that have taken place over the last two decades.To begin with, the medical experts predict that we will all live longer.Whether it is as a result of taking better care of our bodies, advances in medical research or innovations in pharmaceuticals, people are living longer (yay!)And, this points to a longer time frame of life post-employment. A longer window which should be spent, worry-free and enjoyed. So, how young is too young for a pensionAre You Too Young for A Pension?Starting out in your first job can be pretty daunting. Your salary sounded like a sweet deal when you signed up, but now each month you’re left feeling as though you’re scraping for change as your income disappears on tax, rent, bills, credit card repayments… And that’s before you add in all those extras, like that gym membership you keep promising yourself you’ll use and the smashed avocado on toast you ordered for brunch last Saturday, washed down with two skinny lattes (!!)With a bank statement already flooded with direct debits, the idea of losing even more money each month to the vague and far-off concept of a pension can seem particularly unappealing at this early stage of your career. Why worry about something that’s decades away? Surely, it’s an unnecessary cost compared with your more immediate plans, such as taking a trip around the world, or buying a property, or getting married, to suggest but a few. It’s saving not spending But contributing to your pension is not just another way to burn through your pay cheque every month. In fact, by paying into a pension, you’re saving your money to use at a later date. And, if you’re paying into your workplace pension scheme, your employer will also usually add in some money, which is in addition to your salary. Money kept in a pension scheme is invested with the aim of helping it to grow over the years to fund your retirement. So, for most people, joining a pension scheme is a great idea. But…Are you too young? There is simply no such thing as being too young to contribute to your pension – it’s a case of the sooner, the better. The longer you spend contributing to your pension, the more money you will have saved by the time you have retired. If you start saving at a younger age, you can also contribute a steady amount each month and avoid desperately scrabbling around for as much money as possible in your forties, when you realise your retirement is looming. Of course, when you first start out on the career ladder you may not be able to afford to contribute much to your pension – but a little each month will go a long way, and you can build up your contributions as your career progresses. There are plenty of helpful pension calculators available online that can help you decide how much money you should tuck away each month, so that you can live comfortably when you retire.For a practical example of this, visit our blog section (www.advicefirst.ie)More time to take risksIf you start to make pension contributions while you’re young, you can take advantage of the lengthy time frame by choosing riskier investments, such as shares, as they will have more time to ride out stock market highs and lows, and could potentially make you more money in the long run. As you approach your retirement, you can switch to safer investments, such as government bonds, and continue saving at a steady pace. Some pension schemes will even do this for you automatically. A financial adviser can explain different pension schemes and different investments to you.If you are lucky enough to receive money from any relatives (for example, a savings account set up by your grandparents), you should consider the idea of putting all or some of this money towards a pension fund. You will reap the benefits, and the money will be stored away until your retirement (guaranteeing you aren’t tempted to delve into it from time to time). This might not seem like the most creative and fun way to use this money, but if you don’t need it for anything in particular at the moment, then your retirement is an excellent investment.How to get startedIf you want to find out more about pensions, we can give you information about your options.As soon as you can afford it, it could be a very positive move to start contributing to your pension. Just consider it as another small cost you need to budget for each month. Even swapping your daily barista-made cappuccino for a home-brewed blend could give you enough of a budget to start. After all, €3 a day is €21 a week, or €84 a month. And contributing just €84 a month to your pension fund early in your working life could set you up for a more secure future.Each month Pascal will provide financial advice on the most frequently asked topics – here on Donegal Daily and is looking forward to further breaking down the barriers around financial advice in his renowned experienced and jargon-free way! If you would like to book a no obligations consultation with Pascal, click here or simply call +353 74 910 39 38 to talk to us today. Follow us on Facebook & Instagram Advice First Financial Services Ltd trading as Advice First Financial is regulated by the Central Bank of Ireland.Pensions: Should young people worry about them? – with Pascal from Advice First was last modified: July 5th, 2019 by Pascal CurranShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:advice firstmoneyPascal CurranpensionsSaving
4 March 2016The first global forum for science on African soil will take place in Dakar, Senegal, from 8 to 10 March 2016, and the Next Einstein Forum (NEF) has launched a global call for support for Africa’s scientific and technological emergence.Its video asks the question: “Can the next Einstein come from Africa?”. It calls on game changers from Africa and around the world to support Africa’s scientific renaissance.Watch the video “Can the next Einstein come from Africa?”:The Next Einstein Forum Global Gathering 2016, the African global science and technology forum, is convened by the NEF, a global platform that brings together leaders in industry, policy, science, and technology. The first edition of this biennial event will set the stage for a conversation on transforming Africa and the world through a renewed and increased focus on science, technology and innovation.Scientific talentThe NEF is an initiative of the African Institute for Mathematical Sciences (AIMS) in partnership with the Robert Bosch Stiftung.“At more than 700 participants from 80 countries already registered, 52% of them young people and 40% women, we are expecting a truly global forum that discusses opportunities, innovations, and solutions,” said Thierry Zomahoun, the NEF chair and president and chief executive of AIMS.“The NEF Global Gathering will unveil Africa’s global contributions to science and technology and as the forum opens on International Women’s Day, we will specifically acknowledge the contributions and address the challenges faced by female scientists.”The NEF Global Gathering 2016 will showcase the innovations and contributions of the NEF’s 15 Fellows – some of Africa’s brightest young scientists who are on the frontline of Africa’s science renaissance. Flying under the radar, these scientists have been tackling some the continent’s most urgent technological and development challenges – from big data and cybersecurity to hypertension, heart disease, immunology and public health.“A great idea can come from anywhere in the world, and there is no doubt that new and novel scientific ideas to solve global health challenges will come from Africa,” said Seema Kumar, the vice-president of innovation, global health and science policy at Johnson & Johnson and a member of the NEF International Steering Committee. Johnson & Johnson is sponsor of the gathering.“The scientific talent in Africa is outstanding with the potential to produce the next Einstein, Pasteur or Madame Curie. The world needs the best science from across the globe to solve the medical challenges of our lifetime like HIV, TB, and other infectious diseases like Ebola and Zika virus, and non-communicable diseases like hypertension and diabetes.”Continent-wide initiativesIn addition, for the first time in history, all 54 African countries will come together to talk science and technology, each represented by NEF ambassadors who will work to raise awareness about science and technology in their countries.With a programme that focuses on advances in basic and applied science and technology as well as an innovation pitching competition, a presidential panel with President Macky Sall of Senegal and President Paul Kagame of Rwanda and sessions with ground-breaking scientists and inventors, the NEF Global Gathering 2016 will be live-streamed to a global audience through the Next Einstein Forum.Supporters of science, innovation and technology as drivers of growth in Africa can join the NEF movement by pledging their signature at I Am Einstein.Source: APO-Africa Newsroom
The South African Government has taken note of media reports alleging that South African female prisoners in Mozambique are subjected to sexual abuse and related conditions of hardship.The South African government views these allegations in a serious light. The matter will be brought to the attention of the Mozambican authorities for further investigations.Officials from the South African High Commission in Maputo make regular visits to prisons in Mozambique to monitor the conditions of South African inmates. During the last visit, the prisoners complained about general prison conditions such as poor medical treatment and food. Our information is that these conditions apply to all prisoners and are not exclusive to South African prisoners.The South African Government will continue to render regular Consular Services to the prisoners and their families, part of which is to ensure that their basic human rights are respected. The South African High Commission in Maputo will monitor the progress of the envisaged investigation until the matter is brought to its logical conclusion.For more information: Nelson Kgwete at 076 431 3078Issued by Government Communications (GCIS) on behalf of the Department of International Relations and Cooperation (DIRCO).
Share Facebook Twitter Google + LinkedIn Pinterest Two weeks ago Wednesday we got 85 acres of beans in. They are not sprayed yet but they are in. The weekend of May 18 we were able to pick away a little on some dry corn fields and we got maybe 60 acres of corn in but that’s about it. We got another 1.1 inches on that next Tuesday into Wednesday. It has been cool but now they are talking about 80 degrees for the next few days. I just checked the ground temperature and it was 60. There is a chance of rain in the next few days then more rain after that. It depends on how much we get if we can keep going or not. It seems like there are pockets where some guys have quite a bit done and there are some places where they haven’t even gotten started. The wheat looks pretty good. It is heading out. The cool, wet temperatures have kept it going. We usually don’t spray fungicide on the wheat but there are a few guys starting to spray. This week a lot of guys laid down their first cutting triticale and it got rained on. They are going to try to get it chopped before it rains again. I don’t think there has been any attempt at dry hay around here. The triticale has been short this year. I talked to a lot of guys and they haven’t gotten the tonnage out of it that they wanted to get. The grass hay is finally growing now that it has gotten warmer but up until now it hasn’t grown like we thought it would. It hasn’t warmed up enough for it to really take off. I don’t know if we have had any days in the 80s yet, maybe one or two. We had a few days last week that were pretty warm during the day and then in the 60s at night, but today might be the first day in the 80s we’ve had. We plant quite a bit around Memorial Day and the week after but if we get washed out again we’ll be getting behind. We are going to mow some triticale down today and then once the dew dries we’ll try to put some more corn in.
8 Best WordPress Hosting Solutions on the Market Related Posts 43% of respondents spend more time with their tablet than with their desktop/laptopOne in three respondents spend more time with their tablet than they do watching TV. (That was the most notable finding for the Huffington Post’s Bianca Bosker, from whom I found the survey.) While some people in other fora have reported growing bored with their tablets, less than 4% of respondents to this survey said they used their tablets on average 15 minutes per day or less. 68% said they used them for one hour or more per day, 38% for two or more hours. Right: Gerard ter Borch’s nearly 400 year old painting The Letter is a reminder how precious a flat device for transfer of information has always been. The version depicted here lacked backlighting, multi-touch, 3G or even wi-fi connectivity.Gaming is clearly the favorite way to use a tablet. That search scores so high bodes well for the beautiful new Bing iPad app. Personally, I’ll take the Art Authority app on shuffle with Aweditorium in the background over any game, any time.How do you use your tablet? Do these survey responses reflect your experience with this new interface? Why Tech Companies Need Simpler Terms of Servic… The most notable findings of the survey of more than 1,400 respondents include: A Web Developer’s New Best Friend is the AI Wai… Tags:#New Media#NYT#web marshall kirkpatrick Google has released results of a survey (PDF) on user behavior with regard to tablet computers, the vast majority of which are iPads. Responses indicate that tablet ownership significantly changes our media consumption habits and computer use. As one of the fastest-selling consumer technology products of all time, the iPad is an important technology to study the use of. There’s something really futuristic and joyful feeling about it, at least in my experience. Given how much other people apparently use theirs, it seems I’m not alone in that feeling. Top Reasons to Go With Managed WordPress Hosting
Follow the Puck But where are the delivery drones?Waiting impatiently for drone delivery service of your Christmas present? It’s probably not going to happen this year. But Reno-based startup Flirtey is hard at work bringing deliveries (on an albeit smaller scale) to reality and is responsible for a number of firsts. They recently delivered pizza by drone to a customer’s house in New Zealand.Just prior to that they completed the world’s first fully autonomous drone delivery from a 7-Eleven store to a customer’s home. This delivery is the first time a U.S. customer has received a package to their home via drone, representing a historic milestone in both U.S. and global commerce.However, if you’re waiting for an Amazon package from the USPS and relying on more humble transportation, rest assured, Alexa can now track your order and tell you when it should arrive. You can even use her to order your Christmas gifts from Amazon in the first instance. Cate Lawrence Tags:#Amazon#Connected Devices#drones#featured#Honeywell#Internet of Things#IoT#Postal#top#USPS Related Posts Why IoT Apps are Eating Device Interfaces The USPS expects to deliver 750 million packages this holiday season — that’s 5 million packages a day. This is a 12% increase from 670 million in the 2015 holiday season.In response, U.S. Postal Service (USPS) is deploying more than 5,000 additional Honeywell mobile devices as part of its expanded parcel tracking network. In addition to various permanent locations, the technology will be deployed at 58 temporary facilities being used to accommodate holiday shipments.See also: Mo’ drones, mo’ problems needing drone insuranceThe USPS has deployed Honeywell’s CN51 rugged handheld computers to expand its Surface Visibility program, which allows the organization to internally track packages throughout the parcel pickup, sorting and delivery process. The devices allow workers at processing locations as well as drivers to scan and capture data about incoming and outgoing parcels, providing the USPS with greater visibility into where parcels are in its system.“As consumers continue to expect fast, accurate delivery, the USPS needs to know the exact location of all of its parcels throughout the entire mail process,” said Lisa London, president of Honeywell’s Productivity Products business. “By incorporating Honeywell’s mobile computing and scanning technology, the USPS gains better visibility into its operational performance and can use that data to make more informed decisions to improve customer service.”The CN51 mobile device is designed for rugged, outdoor environments. It features a large, multi-touch screen with powerful motion tolerance and support for omnidirectional 1D and 2D barcode scanning. The mobile device can withstand multiple five-foot drops to concrete and has an IP64 seal rating against rain and dust.Honeywell has a strong legacy of supporting the USPS with mobile technology to help make drivers more productive and provide greater visibility into its transportation network. In 2014, the USPS deployed more than 270,000 Honeywell mobile computers to its postal delivery workers as part of a separate program designed to help customers track their mail and packages. Internet of Things Makes it Easier to Steal You… Small Business Cybersecurity Threats and How to…